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The Bargaining Process

The Bank's early Christmas present

Value Added Round-Up

Omicronomics Update

How would monetary policy have differed if the BOE was not independent?

What does Omicron mean for the economy?

Huw Pill on central bank communications

Floors and ceilings

That dress and its macro implications.

Whether it is transitory or not, high inflation could have a long term effect on macro-policy.

Fixing the Bank's communications

The Good, the Bad and the Ugly of the BOE.

The Bank of England can turn a mistake into an opportunity.

10 Budget Takeaways

Britain's macro-policy mix is a mess

What is the Bank of England thinking?

Stories about inflation

Worry about quantities not prices

The fiscal policy elephant in the room

How serious is Boris Johnson about wanting higher wages?

We have no theory of inflation

Which savings rate matters?

We fell off the cycle

Welcome to Value Added

Economics, finance, political economy.

© 2025 Duncan Weldon
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